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tv   Mad Money  CNBC  January 28, 2020 6:00pm-7:00pm EST

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to block witnesses that's according to breaking news from the witnesses. they got four republicans to come over they can vote on motions allowing them more witnesses and testimony. they want john bolton and mick mulvaney to testify. that's it for us mad with jim starts right now.>e you money. i'm here to level the playing field for all investors. there is always a bull market somewhere and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money" and welcome to cramerica. my job is not just to entertain but to educate and teach so call me at 800-743-cnbc or tweet me at jim cramer. there is a new dynamic, it is the fundamentals versus the
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fear-mentals today the fundamentals won up 1.01% and nasdaq pulled 1.43%. when i say fundamentals i'm talking about how a company like apple is doing apple put in a stunning quarter, amazing demand for iphones, watches and credit cards and a variety of services. more on that later but let's talk about the best fear buster i've seen to far in earnings let's talk about dow stock united technologies. which reported a fantastic set of numbers des pate a challenging environment. you could imagine? think about what they are up against, they have boeing whose top plane won't fly and costing them $100 billion a month and the max is mothballed but kline is the best for the elevator business and thanks to the coronavirus they're a defense contractor and that is barely growing and the global economy
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is slowing with little sign of green chutes anywhere. and this company puts up some of the best numbers i've seen the ceo and straight shooter greg haste delivered say masterful quarter. no complaints about boeing ore china. and raytheon soothes any worries because they're a consolidator and every single line was up, up and away why did this matter? because united technologies checks off all of the fear-mental boxes. it is the kind of business you would be most worried about right here and yet they still managed to triumph. it is way remarkable accomplishment and helped lead the market apple reported after the close and not during the market and the fear-mentalists are off the charts in raging and i want to unpack them and double click them and those are two things i hear
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on conference call can i double click on that these people are idiots. and the coronavirus panic and what will it do to airline travel what is the damage for aerospace and they are most at rick and that is request united technology is so important think about what he said at the moment this outbreak is the biggest fear out there but when he was asked about it on the call, here is how he responded. we took a look back at 2013 and looked at sars and air traffic slowed down for about three months and really there was a six-month impact in the after-market but this is not another sars listen to this i would say there are two major differences. one the airlines are healthier than they were in '03 and air traffic is still strong and there will be blip in asia take that fear-mongers he wasn't done
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the second thing is the flu. it happens every year. we're looking at the last full flu season we had 960,000 people hospitalized and 80 people passed away. and you have to keep perspective. it is a big deal until they get it contained but the chinese government is doing a much better job today in terms of being proactive in containing this, end quote. i like great business people who tell it like it is and put everything in perspective, stop trying to scare people this guy -- i know this guy. he's not a bs-er, he's out there and he's looked at this stuff. he's the real deal what a breath of fresh air some people are so invested in the fear-mental narrative, i think he makes sense he's no pollyana, just a reasonable person. the second major fear-mental is the boeing 737 max and it should
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impact united technology and they are one of the top suppose pli liars and they have the gtf and there is so much demand from aerospace comes that it won't dent the numbers much. this is just good old-fashioned american engineering saves a lot of gasoline by the way, jet fuel they call it hayes hing -- thinks it will be resolved in three months we have 10,000 gtf engines in backlog and that is incredible and then we have a 40% share of the a 320 and the a-320 and basically airbus will gladly take anything united technologies wants isn't it great to have a product that everybody wants plus there is the huge transformation coming up companies merging with raythe t spinning off the climate control business as separate businesses and hayes wasn't beholden to one
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company or customer, diversification is the only free business lunch i think is hayes thinking about this impeachment thing on the front page every day, and on the front page every day, not if you go to the quarter and talk to the guy. which is our next fear-mental people are worry about if president trump is found guilty and removed from office. i don't know what universe they are living in. the gop controlled senate would be out of their minds to impeach and it is a foregone conclusion with or without bolton that is good for wall street i know you may hate it it is good anyway, the fear-mentalists don't want to believe that they don't want to believe any of this. they want me to come out here in a surgical mask and dab my eyelids with clorox wipes which i suggest you do not do and not shake hands and instead fist bumping. and i carry it around.
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you should carry it around whatever it is good to carry around, isn't it oh, geez the buttons but all i'm doing is stopping myself oh, never mind let me wipe that off here is a good thing to spray. this guy is still in play. all right. the big question can hayes optimism suffer the coronavirus body count or the death of american no laughing matter who never visited wuhan. that is what i'm not sure about. but let's talk about another company, a consumer company so it can't be as good as hayes i'm talking about apple. they had fabulous earnings report after the close it could be another boost tomorrow and the fear-mentalists are knocked again. and i was worried woe wouldn't propel higher. maybe i should have more faith it reports a monster top and bottom line by iphone and air
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pod sales and will continue growth from the the service revenue stream of course from the watch, the apple, the tv, i mean it is not a hobby, even better, a you have bullish guidance because apple is a consumer product not enterprise like boeing there had been hammering by china. it caused widening of forecast but those were darn good numbers. they have to close the stores but own and don't trade it this stuff burns my hands. starbucks couldn't stop because of the coronavirus i have an interview with the ceo tomorrow morning on "squawk on the street." if you don't have to sell -- to sell the product directly to people, instead of, say, airlines, well like hayes does, the stock would be flying and we are going to press him about all of your concerns that the airport starbucks' aren't nearly as good as the store-owned no more messing around it is what everybody says.
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the customer is right. by the way, as we talk you've got to understand that cook is addressing the mitigation of product production losses. it is not as clean a story at united technologies but greg hayes wores help reverse the negative trend this morning and gave other executives a hood map with how to beat the fear-mentalists. let's go to alex in ohio alex >> caller: this is my son alex and he has a question for you. >> sure. alex, what is up man. >> hi, jim this is alex. >> how old are you >> caller: i'm 14. >> there you go. the only people investing in stocks are 57 and they don't like anything. so go ahead. >> caller: well i'm involved in our stock market game at saint francis high school in columbus. >> let's crush them. what do we got
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let's get this done. >> caller: okay. i'm thinking of buying home depot because they're on a rise and their climate efforts, what do you think. >> listen kid, you got what i call is horse sense. do you see the housing numbers they're unbelievable that is exactly where you need to be is hd. and by the way, it's north american so right now we don't have to worry that much about what is going on although if i -- okay, i got into someone pointing. look at this someone whose birthday is today. i have to pay attention. phil in new jersey phil >> caller: booyah, jim, how are you. >> i couldn't be better but my hands are sore from purell what is up >> caller: i hear you. it is not fun. but i want to thank you for all of the money you've made me throughout the years and i'm coming tonight for more guidance. >> thank you for the kind words. we've been doing the show for a little bit now so it is good. >> caller: i wish you were on seven days a week because i miss you on the weekend. >> i say to to my wife
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she tells me to move out what is up. >> caller: you could come stay here with me i have room at my house. anyway, i brought estee lauder about a month or two ago at 193 and the stock soared up and then with the virus and everything coming out got downgraded and i sold some shares yesterday and i still have a little bit left i'm trying to figure -- >> no. hold on to the rest. i put this in the bull pen for my travel for -- dotcom and i'll tell club members, the moment you get the all clear and there is never a full all clear but we did a lot of work with ebola there will come a day of max pain where we'll be able to buy estee lauder and didn't mention 3m and that was a bad quarter. they were hostage to everything. okay, the fundamentals today, they defeated the fear-mentals and thank you greg hayes
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and you could come on. even if we have to travel to one of your places which i would love to do regina, would you please let me leave this -- this office of mine and get to a factory of greg hayes'. thank you. not one but two rounds of players for the big game on sunday, find out i'm picking for underutilized position and let me improve your financial reality. and everyone own a sports team and now could be your chance as the madison square garden prepared to split. should you choose the rangers or the knicks and epic is urging hospitals to impose rules that make it easier to share medical info and maybe save lives. i'm talking one ceo who said that it is -- that she is the ceo is ethically wrong stay with me
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>> announcer: don't miss a second of "mad money." follow @jimcramer on twitter have a question? tweet cramer, #madtweets send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc miss something head to madmoney.cnbc.com. (upbeat music) - [narrator] at southern new hampshire university we're committed to making college more accessible by making it more affordable. that's why we're keeping our tuition the same for all online and campus programs through the year 2021. - [woman] i knew snhu was the place for me when i saw how affordable it was. i ran to my husband with my computer and i said, "look we can do this!" - [narrator] take advantage of some of the lowest online tuition rates in the nation. find your degree at snhu.edu.
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that's simple, easy, awesome. click, call or visit a store today. with the big game right around the corner, i'm spending all week comparing players from the chiefs, my favorite team and the niners to our favorite stocks because i love football and it is great for the market because you know i'm always trying to get you involved tonight we're talking running backs. think about this position is it used to be more important than it is now. just like the market, football is always changing in recent years researchers are putting more on the passing game and particularly the chiefs rather than running the ball down the field and running backs get fewer opportunities to make big plays. for those of you that play fantasy football and we're thought in this right now, quarterbacks and wide receivers are drafted earlier and earlier. there are few star running backs and really what we call rbc, running back by committee.
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those are the worstment that is where a group of lesser known players share the work load and when you see running back by committee, you're talking about not doing well if you pick one of those players from fantasy. now consider the diminished role of the running back in the nfl today. well, you know what that reminds me of? reminds me of the down and out auto industry. this is a group that used to be essential to the economy butly it is one of the ugliest corners of the market with the accouterments just ask 3m. the old school auto stocks have been hammered. it pains me to say this but at this point ford and general motors trade like bond market equivalents and pay you big dividends and that is about it but who knows if ford's payout is safe or about to be carted off the field. however when you find a good enough player with a new strategy they can buck the trend. when it comes to the nfl, that player in self-is raheem
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mostert. he's a monster he's a journeyman, hoe he just turned star and just had a breakout season followed by a truly incredible performance in the playoffs the equivalent, tesla. it exploded higher over the last few months and the scale of the opportunity is here. the parallels between rahim and tesla are extraordinary. mostert hada good but not a remarkable college career and went undrafted and bounced between five different teams n. 2017 he rejoined the niners and saw legitimate play time even if his production wasn't quite there yet. by 2018 he put up fantastic numbers and you could have stolen him in the draft. he's done so well now. just broke out nine days ago when the niners took the packers in the championship. kevin coleman went down and mostert had to carry the offense
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and boy did he deliver i carried the ball 29 times, a total of 220 yards anz four touchdowns and setting records along the way. it was stunning. cometh the hour, cometh the man. not just because his playing is electric sorry, hi to do that here is a company that had been plagued by skeptics for years. the stock felt like it was in a rut like hrahim. skeptics have turned into believers overnight. what happened. tesla reported maggent -- magnificent and they delivered a surprise profit and the stock hasn't looked back since it is 125% in a little over 3 months and i still like it and i still like him, even though i think his opponent team is better you know i'm a believer of tesla. now that the skeptics have been
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forced to eat crow, elon musk could raise as much money if he needs if he even needs it. he just built a factory in china in record time and they just removed seven unexploded bombs from world war ii and he has creativity and after test driving the model x, it is the real thing it was not just the drive, it was the balance sheet and the maneuverability and the take over the world aspect and no longer tweet aspect. just like mostert, tesla's performance has silenced critics and it is fabulous for the shareholders but these days it is surprising to see a running back carry the whole offense much more teams are focused on passing and that is true for kansas city. rather than relying on star players they have a running back by committee that i can't stand with four players like this guy damien williams. they don't get many chances to shine because the strategy is built around passing the ball
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and having the quarterback mahomes run it in short the kansas city running back committee is the perfect example of what the position mostly looks like these days very few teams have a dynamic like san francisco and mostert last week and has a big change from a few years ago when running backs were still the most important day-to-day players on the field and that is why i keep thinking this transition reminds me of what used to be the case with the automakers, old school ford and gm those used to be great the annual sales rate has peaked, the u.s. it is stuck at 17, 18 million cars now and like running backs cars have gone out of style customers would like to use uber and lyft and rather than own a car or insurance and if they're happy to buy one, they're buying used gm has been stuck in the 30s for
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forever. and in 2015 it was trading at $16 and now it is at $8 and change that is not a stock split. the most attractive about the au automakers are chief and gm yielding 4.5%. mog to sneeze at ford 6.% but i'm concerned after another big loss ford and one day will i see the dividend cut in half. they can't tell me they could say anyway, who wins tesla or the aging but valuable incumbents, deep value honestly it is not a fair comparison this month tesla rallied so hard that the market capitalization is larger than forward and gm combined even though the sales are much smaller tesla is $102 billion technology company on wheels. ford is worth $35 billion and gm is worth $48 million and because wall street does love growth
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gm has very little growth and ford is shrinking. doesn't it feel like shady mccoy. he doesn't even get in healthy scratch. investors pay up for growth. nobody is paying up for stagnation and tesla's unprofitability but now they are making money. in fact they are expecting to make $6 per share this year, maybe $13 next year and i would be happy with $5 and $10 and closer to 20 and 22 but it is still stunning last year when the skeptics said tesla could rally on any good news and now the company needs to keep delivering amazing stocks or else the stock will run out of juice but just temporary. i believe my friend elon musk and we'll know tomorrow night and before the big game. when it comes to running back, raheem mostert has all of the moment just like his stock market equivalent tesla. the only question is whether they could deliver against such
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heightened expectations so you better pay attention when tesla reports tomorrow and you know i'm going to watch the championship on sunday too just a thought stick with cramer. sometimes, the pressures of today's world can make it tough to take care of yourself. but nature's bounty has innovative ways to help you maintain balance and help keep you active and well-rested. because hey, tomorrow's coming up fast. nature's bounty. because you're better off healthy.
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we have to return this after after 15 years can i one day own a jersey this is important. one of them gets msg entertainment and mostly arenas and the other ones gets the teams. this is creating a few pure play on sports team ownership in the stock market we've watched from the side lines as they skyrocket but we didn't know a direct way to invest so now we're getting it this is a long away pure play. how do we know if it is worth buying i get wanting to own shares in a sports team. and even better. not all teams are created equal. the knicks and the rangers, they suck [ laughter ] >> call it as i see it over the last five years, the knicks have lost 70% of their games. hmm. so far they've lost 72%, consistent as for the rangers, they've been awful for the last couple of seasons but this year they're doing better which is why i put their name on top of this dress
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that i'm wearing okay that said, these are still valuable franchises. new york is a huge market and they're worth owning if you could get them at the right price and i'm showing you how to evaluate them because the splet is expected during this quarter. if you want a piece of the teams, you have to wait until after the breakup to pull the trigger. i don't think it is a good idea to own madison square garden going into this and i'll tell you why. the msg entertainment business is a dog and they've had las vegas and london, two of my favorite cities, the company planned to construct two msg spheres filled with cutting-edge technology as high end concert venues but the problem the las vegas faced severe cost overruns and languishing regulatory purgatory and we don't know if they will be a success but the sports business, even when the knicks play horribly, there is a case
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for owning it and when it started trading and here are some unresolved issues with msg regarding how they split the cash and debt and obligations. it is irresponsible for me, as if i have any ability to feel responsible, to recommend madison square garden spinoff until we know more however, i want to keep this bull market thesis in mind as the information rolls in to put is simply, sports team values have reached levels the knicks and rangers are are trophys assets that could fetch billions for the right buyer the knicks alone are worth more than $4 billion assuming they keep playing like garbage. but the msg sports business gives you and this is important a gambling kicker. i'm betting that the legalization will make the teams more valuable. you could imagine if there was a sports book in the madison square garden. i can't imagine it is good for themetro area but good for the
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company. msg will have scarce value and right now there are few publicly traded sports team most of them aren't. liberty media owns the braves. that is wrapped up with media and real estate and united team has been a lousy performer remember when the celtics were public that is a good one it will be nice and straightforward and the packers is more ceremonial i think this has the potential to become a cold stock because of the built in fan base like the accessible ferrari which was spun out and has a great fan base but there is one big negative. i'm talking about the ownership structure. currently james dolan holds 71% of the voting power in the company special super-voting stock. it is like a junker state. and after the breakup, you still
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have controlling in the sports business in other words you could own part of the team but the public sherrods won't make any decisions here that is a problem. because even though james dolan is a good business man, he's widely regarded as one of the worst owners in professional sports let me think about that. because now that dan snyder changes the front office of the redskins -- no, dolan is the worst there is one reason knicks are so bad it is hard to sign free agents and even though they could afford it and this is the greatest city on earth to play. everybody wants to focus on new york now the bulls will tell you that your franchises are so big that no amount of mismanagement could dent the valuation as much you try. but if you buy this stock you're putting money into james dolan's hands and i could think of a lot of places i would like my hands to be. i think it could be worth owning as long as you get the parent company at the right price however, you have to be careful.
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i don't blame anyone for taking a pass and leave it for the most die-hard fans and they do exist and they may just want to participate. for instance, the beacon theater, i saw bob dylan there, it was awful melissa in illinois. melissa? >> caller: this is melissa from illinois just wondering about a stock, i want to know your opinion about it amc, i foe it is on the down side -- >> no, no. we're the twilight of the theater idle and i'm not going there. look, i want them on the air because i happen to like the ceo. p if he could come on and tell us why this is the bottom and how terrific it would be, i think we would all like that i'm going to jim in massachusetts. jim? >> caller: boston booyah to you, dr. cramer. >> holy cow. is that a great booyah or what. >> caller: all right, my man listen, i've been in the market a long time, jim, and i followed a few guys
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sir richard eaton got me involved and i don't know if you remember him -- >> mm-hmm. >> caller: and now the other man. >> i've be the man it is good to be the man >> caller: yes, it is. i sense a down coming so i'm positioning myself offensively and i'm taking your advice, you know, stocks, bonds, cash and everything i got a little bit of mad money left over and i'm looking for a stock that pays good dividend that will be rock solid in a downturn. now i found this stock called igt. it is international gaming technology. >> remember that one it is back i have to tell you something, jim, i'm not going to -- i want to you be in the -- the one i feel much better and people
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worried about it, pays a monthly dividend epr properties, that one, 6% yield. i'm more close to it i think it is terrific i feel like i should be like david portman when he came to my eagles box and had the split shirt and what do i have, i have cockamamie tape. this is one for the ages listen to me yeah, that i wouldn't let him wear a patriots jersey in the box and he said half and half and i said that will have to do i have half and half but el presidente had had a better one and he's much cooler than i am and i'm certainly a -- well you could judge for yourself the garden split is intriguing if you're keen on owning it make sure you get it at the right price and after athe breakup at the same time i don't blame you for take a pass because the teams, yes i used that word and i like it because i heard zuckerberg use it and a senator use it, they suck. much more "mad money" ahead.
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including my exclusive with a ceo who believes one of the keys to combatting deaths is access to data and how this is causing a stir in the health care space and we're behind a lot of it and caution around the coronavirus is warranted but why you shouldn't buy into the panicked hype and all of your calls and rapid fire in tonight's edition of the lightning round. so stay with cramer. make fitness routine with pure protein. high protein low sugar tastes great! high protein low sugar so good! high protein low sugar mmmm, birthday cake! and try pure protein delicious protein shakes we're committed to making college more affordable., that's why we're keeping our tuition the same through the year 2021. - [woman] i knew snhu was the place for me
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you might not know it but america has a gigantic problem with electronic health records there are a bunch of different companies and the software isn't compatible it is not an accident. it is by design. it makes it harder for a hospital to switch to a competitor and the records less useful this industry in the news because of epic systems a major player in the space and at cnbc own and at cnbc.com christina far reported epic ceo has been writing to her hospital customers to convince them to impose new legislation designed to make it easier to share medical information. epic wants the systems to be
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vulcanized now in response to that, joe keyoni perfect from mossimo that makes noninvasive systems reached out to us. he thinks what she is doing is indefensible and i want him to get a chance to explain. >> welcome back. >> you're done more to make it so you are safe when you are in a hospital why are you opposing something that could impinge on people's privacy? >> well, look, privacy rules were there to protect patients, not to potentially harm them patients should make the tradeoff between what is more important, privacy or having their data available in a way that could hope think save their lives. and that also, unfortunately, assumes that data privacy can't be kept. there is a lot of great companies that do a great job of making sure data can be
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transmitted in a way that keeps patients' data private and confidential. >> would the health care system not save maybe hundreds of billion dollars over time if we actually knew what the statistics were and had algorithms, the amazon web service data so to speak of everybody in the country without knowing their names? >> exactly we can get data from a hospital with a random number that is assigned to a patient and only the hospital has knowledge about who that number is associated with so while you could hack into anything, it is like saying no one should own a phone or a computer because someone could hack into it but there is protection. and what is more important is by sharing data patients lives can be saved >> so give us some examples of patients lives that could be saved so people don't think this is just abstract. >> well, we make pulse oxy meter
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and when people use infusion pumps they could administer too much opioids if we hoarded our data and said it could not be input into the infusion pump, then when the patient is overdosing and our pulse is dropping like a lead from 100 to about 80, 70, 60, that data doesn't get to the infusion pump and it doesn't shut down the flow of opioids. that is an example of why data sharing is important today. >> if i am a -- say a leader or like judy faulkner who privately owned epic it would be a possibility if you had that inner operability and she believes it would compromise patients, i would love to have her on, privacy but at the same time doesn't it just preserve
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her incumbency. >> i've learned a long time ago not to question people's motives but we used to be in the business of hoarding our data but we realized that patients were getting harmed because we're hoarding data. there is an example near your home a boy 13-year-old rory stun, he goes to the gym like we all did. falls in the gym gets a little scratch on his elbow and his own bacteria from his skin gets in his bloodstream. he goes home, feels bad, throwing up, feeling a leg ache. they take him to the physician and for a kid his size his heart rate was really high and they send it home thinking it could be a stomach flu and he gets to bad the parents take it to the emergency department and they do a blood draw and his white blood cell count was high and they send him home and a few hours later that boy died. imagine at that time both the
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blood lab machines, the patient monitors that measured the heart rate all were inter operable and share data algorithms could have seen high white blood cell count and high heart rate for the size that could mean sepsis and they could have treated him for sepsis and rory would probably be alive here with us today >> do you think, joe, that if people knew the tradeoff that it might mean life or death, for them to not have any information themselves exposed personally, wouldn't they choose life? >> absolutely. i know i would and you know what, i'm today running a medical technology company. but sooner or later i'm going to be say patient so while i'm sitting in my role as ceo of my company i made a pledge to share my data and so did 90 other companies over the last eight years unfortunately epic hasn't and i have to commend hhs secretary
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azar and don rucker for finally saying enough is enough. you guys have to share the data in a way that it is secure, it is safe and it's not burdensome cost wise. >> great go ahead >> i was going to say imagine epic was making refrigerators and hospitals were apartment buildings and patients were people in the apartment with the refrigerator but the hospital could use it and epic could use it but the patient -- i'm not sure you could use it and nobody else can use it. now add to that that by the way those refrigerator were paid by the public by us. taxpayers who paid for it and i think finally people are saying enough is enough it is time to share the data, i agree. it is absurd it is our position for a long time and i really appreciate you coming on. also have a dynamite company and just announced good numbers and
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didn't want to bury that that is the ceo of mossimo great job, sir great to have you on the show. >> thanks for having me, jim. >> "mad money" is back after the break. apps are used everywhere... except work. why is that? is it because people love filling out forms? maybe they like checking with their supervisor to see how much vacation time they have. or sending corporate their expense reports. i'll let you in on a little secret. they don't. by empowering employees to manage their own tasks, paycom frees you to focus on the business of business. to learn more, visit paycom.com
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>> announcer: lightning round is sponsored by td ameritrade
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>> it is time. it is time for the lightning round. and then the lightning round is over are you ready? let's start with jeff in california. >> caller: hey, jim cramer, you're an absolute genius. >> no, you sound like my dad go ahead. >> caller: you raved by ayx a few months ago and you were 100% correct and it is exploiting i tripled my investment in about four weeks -- >> look, we had them on and the only people who like this company and we know what, this is amazing company some planning spreadsheet. and to mike, mike, mike in new york mike >> caller: booyah. >> booyah.
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>> caller: adaptive bio technology >> the science equipment, but i like [ inaudible ] more and thermo tm. austin in new york. >> caller: hey jimmy chill thanks for taking my call. >> appreciate the now moniker, go ahead. >> caller: my question is on discover -- >> my answer is now. have it now. no jonathan in nebraska. >> caller: booyah. thanks for taking my call. may question is about pay com. >> software and just buy it. let's go to juan in nevada. >> caller: second time caller and a very chill booyah to you >> thank you. >> caller: my stock is i robot. >> vacuum and wash floors, sell it no, no, no i know i'm supposed to take it fast but this is it. i'm drawing the line right now i'm doing it as fast as i want which is really darn fast. to tom
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tom? >> caller: good evening jim and thanks for taking my call. >> my pleasure krnch i was turned on it this stock amethyst therapeutic -- >> it is speculative if you want to be in it understand you're in for a dime an you could be if for a dollar and that is okay with me and that is, ladies and gentlemen, the lightning round >> announcer: the lightning round is sponsored by td ameritrade ♪ ♪ ♪
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after a day where the averages rebounded like crazy i would like to tell you we could stop worrying about the coronavirus outbreak and it is a buying opportunity like ebola in 2014, fukushima in 2011 and sars and chernobyl in 1986 all of the disasters were contained. our milk was still good. the radioactive waves didn't push on to mendocino and they figured out sars before it killed thousands of people and there were no death filled cruise ships or fatal subway cars from ebola. each time the panic was overdone as soon as it got overhand the authorities could stop this with the help of well meaning but in over their head scientists but there was though strainer or contagion or super-flu but there was a sub set of frightened investors.
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and people have every right to be worried the is we don't know enough about the new epidemic and you can't quantify something you don't understand stash ta cnbc contributor scott gottlieb said it best. >> i think the chinese haven't been forthcoming with information and we've pat them on the back they're still not behaving well and they concealed that thises was going to health care workers so we don't know the scope of what they're facing i suppose they're facing a large epidemic and some will not work and the quarantine might not be effective. >> i found that very worrisome was it scary let's just say against that back drop people with speculating they don't have a handle on all of it like the spanish you from
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that killed 15 to a hundred million in 1918 and i had a sheet that would scare you out of the market but out of the country. maybe to antarctica. it is wrong buts it is easy to spread fear at times like this let me put it this way suppose i tell you to stick with history and chernobyl an sars and ebola and fukushima didn't get it through coronavirus outbreak probably won't get us either but an american who hasn't been to wuhan dies from the disease and then people go into panic mode and you need to be prepared for that and that is the problem. i believe the outbreak will be only a buying opportunity eventually and emphasis on eventually i'm not sure we heard the last of the panic despite the snapback and if you own certain stocks instead of trading you did well but we just have no way of knowing and stocks could have more downside before the worst is behind us but it will be behind us. i'm not an epidemiologist but i
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refuse to pander to the panic in all of us. buy shares of high quality companies that had will do just fine even if the coronavirus outbreak is the worst -- worse than ordinary influenza which puts hundreds of thousands of people in the hospital and causes tens of thousands of deaths that is what we did yesterday por my charitable trust which you could join along we did tell club members to scale in even as we advise take some profits today to have some money on the sidelines in preparation for the next scary coronavirus headline and there will be a next one particularly if the -- say the impeachment trial runs its course at the end of the day, there are smart people working to contain this disease and they do have powerful tools that didn't exist when the sars epidemic hit think rapid gene sequencing and drugs and they're attempts will be met with skepticism and derision and some from bearish
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commentators and very smart and motivated to scare you and send stocks down. unfortunately the motivation is let's say working. with their terrifying interpretation of the cold hard facts. many which are available by the way many jimmy chill's twitter feed and are posted pretty regularly and are frankly very nauseating in other words, don't panic. but do be aware we could have another leg down if the course of the outbreak gives the hard core pessimists more ammunition and when i say if, i actually probably mean when stick with cramer. with more than 85 years of experience over multiple market cycles. with portfolio managers who are encouraged to do what's right over what's popular. focused on helping me achieve my investors' unique goals. can i find an investment firm that gets long term the way i do? with capital group, i can. talk to your advisor or consultant for investment risks and information.
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today was a day where the fundamentalists smashed the fear-mentalist apple will quarantine china airlines what does that mean. there is always a bull market somewhere and i promise to find it for you hire on "mad money. i'm jim cramer and i'll see you tomorrow
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>> welcome to the shark tank, where entrepreneurs seeking an investment will face these sharks. if they hear a great idea, they'll invest their own money or fight each other for a deal. this is "shark tank." ♪ i live in davenport, florida, with my beautiful wife corrina, my daughter claudia, and our dog chloe, and i am the owner of fresh patch. corrina and i got married three months after meeting each other, and then corrina got offered a job in florida, so we decided that might be a good opportunity to start something new. we moved from a house with a backyard into a condo with a small balcony.

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